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01-21-2013, 06:34 PM
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meet me in outer space
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Join Date: Jun 2009
Posts: 334
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Help with selling car overseas
I've sold cars/ boats privately and know the process for payment and transferring titles but this is new to me, hopefully someone has some input. I recently lined up a potential buyer for my father's car who lives in Spain. I've been emailing/ talking to him on the phone for about a month now and he is very interested. He hired a third party pre-purchase inspector who already came buy, inspected the car, and now will be the liaison between me and the buyer and will take care of shipping the vehicle.
The buyer, himself, will be wiring 75% of the sale price to my father. Third party pre purchase inspector will come pick up the car after everything clears and will pay the rest of the 25%, pick up the car, and the title will then be signed over. This is where I'm confused, I will never meet the buyer face to face so how does he sign the title to be transferred to him? Does the third party take care of this? Also once the title is transferred how does my father no longer become liable for the car as it will take a while for the title to be transferred to the buyer and car registered in Spain? Don't want my father to liable if the car gets damaged during shipping or is used in some kind of crime once it leaves his driveway.
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Volant CAI, 5000k HID's, Updated emblems, Truxedo bed cover, 15x8 Pro Comp 7031's, Falken WildPeak AT 33x12.5x15, Bilstein 5100's, lift spindles, 90mm torsion bolts, shackles, 4" lift blocks, add a leaf, BTF uniball arms
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01-21-2013, 06:41 PM
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monkey ballz
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Join Date: May 2012
Posts: 430
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Re: Help with selling car overseas
I would think you could set up an agreement between you and the buyer and have the signatures notarized. I'm a notary and I have done titles before. But to protect you and your father you might want to look into a contract.
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01-21-2013, 06:47 PM
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Ford Tough
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Join Date: Dec 2012
Posts: 369
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Sounds like that Craigslist scam shit lol
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2003 xl 2.3 Dohc. Step side with stock 4.10 gears. 235/70 r15 mastercraft avenger gts with 3 inch body lift. Uws black tool box. Aftermarket pioneer head unit. Flow master 40 series wit turn down pipe!
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01-21-2013, 06:55 PM
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Ford Ranger Driver
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Join Date: Dec 2010
Posts: 2,761
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Re: Help with selling car overseas
Something doesn't seem right, and I don't know why a 3rd party has to get involved. Also, I don't know the laws of Spain. Here, I think once the title is signed over then the selling party should be excluded from liability, but the problem is that you aren't meeting the actual buyer. I think that a lawyer or someone familiar with contracts should be contacted because signing a contract not drawn up legally can be disputed later.
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01-21-2013, 07:15 PM
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meet me in outer space
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Join Date: Jun 2009
Posts: 334
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Re: Help with selling car overseas
payment will be wired to a "dumby" account and once cleared will then be transferred to my father's account. I'm not really worried about the scam factor just don't know how to transfer the title without buyer's signature.
Quote:
Originally Posted by lil-redranger96
I would think you could set up an agreement between you and the buyer and have the signatures notarized. I'm a notary and I have done titles before. But to protect you and your father you might want to look into a contract.
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This will be done along with a bill of sale but I still don't know how I will get the buyer's signature.
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Grey Goose Edge 3.0
Volant CAI, 5000k HID's, Updated emblems, Truxedo bed cover, 15x8 Pro Comp 7031's, Falken WildPeak AT 33x12.5x15, Bilstein 5100's, lift spindles, 90mm torsion bolts, shackles, 4" lift blocks, add a leaf, BTF uniball arms
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01-21-2013, 07:18 PM
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monkey ballz
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Join Date: May 2012
Posts: 430
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Re: Help with selling car overseas
Well you should ask a lawyer. I'm sure with the technology today they can make it happen
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01-21-2013, 07:23 PM
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Ford Ranger Driver
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Join Date: Oct 2011
Posts: 4,177
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Re: Help with selling car overseas
Quote:
Originally Posted by lil-redranger96
Well you should ask a lawyer. I'm sure with the technology today they can make it happen
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yea..... fax, scanner, email........ the possibilities are endless
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Quote:
Originally Posted by robertmcclure
adamantium tamponicus!
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01-21-2013, 08:30 PM
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Ranger Enthusiast
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Join Date: Nov 2008
Posts: 6,831
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Re: Help with selling car overseas
As nice as a contract is, just know that you can't really enforce it with the buyer. The buyer lives in Spain, you live in the US. If the guy rips you off, are you really going to fly to Spain and spend weeks there trying to recoup your money? In a place where you probably have no idea of what their laws or court systems are like? Probably not.
Plus, an international contract requires a lawyer who is familiar with the laws of the US, Spain, and international laws. Thus, it wont be a cheap service.
If anything, a basic contract with the liaison would be what I would pursue. Might even consider an escrow service.
Receiving wire transfers is the safest way of receiving money so definitely a positive sign they want to send it that way. I would still wait a few days after payment to make sure it's completely cleared your bank.
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01-26-2013, 08:46 PM
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meet me in outer space
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Join Date: Jun 2009
Posts: 334
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Re: Help with selling car overseas
Got it situated. Third party will represent buyer. Father will fill out a "notice of sale" which relinquishes his ownership immediately once put into the system.
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Grey Goose Edge 3.0
Volant CAI, 5000k HID's, Updated emblems, Truxedo bed cover, 15x8 Pro Comp 7031's, Falken WildPeak AT 33x12.5x15, Bilstein 5100's, lift spindles, 90mm torsion bolts, shackles, 4" lift blocks, add a leaf, BTF uniball arms
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